September 2024 - RBC VAT

HMRC to consult on e-invoicing

24 September 2024| CATEGORIES: e-invoicing, HMRC consultation| TAGS: e-invoicing, HMRC, UK

The Chancellor Rachel Reeves has outlined a package of reforms to improve the UK’s tax system. HMRC are to launch a consultation on electronic invoicing (e-invoicing) to promote its wider use across UK businesses and government departments. Additional HMRC compliance staff are being recruited to help close the tax gap

New HMRC Guidelines for VAT Compliance

19 September 2024| CATEGORIES: HMRC, process controls, VAT guidelines| TAGS: New HMRC guidelines, VAT compliance

HMRC has published its Guidelines for Compliance (GfC8) – Help with VAT Compliance Controls to help businesses assess whether they have sufficient controls within their systems and VAT accounting and compliance processes. The guidance sets out what HMRC considers to be good practice.

RBCVAT provides practical, hands-on help and advice on all international VAT matters.

Month: September 2024

HMRC to consult on e-invoicing

New HMRC Guidelines for VAT Compliance

RBCVAT provides practical, hands-on help and advice on all international VAT matters.